Singapore economy

Govt strategy will be to transform, support, sustain, says Indranee

HELPING businesses to innovate, go regional and build capabilities is a priority for the government even as it helps workers to upskill and reskill to seize new opportunities, Second Minister for...

Manufacturing downturn may be bottoming out as Singapore factory activity improves in November

SINGAPORE - Manufacturing sentiment remains in the doldrums but a key gauge out on Tuesday (Dec 3) suggests that the seven-month slump at the factory gate may be over.

Singapore salaries to rise in 2020 as talent pool is 'shrinking': Mercer survey

SINGAPORE'S economy may be facing headwinds and inflation's muted but companies in the South-east Asian city-state are set to step up salary increases next year in a bid to retain staff, according...

Can Singapore become a second home for Chinese tech?

THE arrival of Chinese tech firms in Singapore is more of a trickle than a flood, based on industry professionals' observations of the scene.

It's 'ka-ching' time for payments firms

THE payment services industry in Singapore is upbeat on growth, while three major government reports in the past three months have singled out the sector for its rosy prospects.

Business closures up across all sectors, except for transport and storage

A RECENT slump in the growth of business entities here was due in part to weakness by information technology (IT) startups and wholesale trade businesses, a new report indicated.

Singapore firms' R&D spend has lifted productivity: MTI economists

SINGAPORE firms' research and development (R&D) investments are bearing fruit in productivity gains, according to a group of Ministry of Trade and Industry (MTI) economists.

Singapore makes it to top 10 list of most competitive places for talent

Singapore has made the top 10 rankings of the most competitive places for talent - the first time it has reached the elite level in a league table compiled by Swiss business school IMD.

Singapore retail sales down 2.2% in September for 8th straight monthly fall

SINGAPORE'S retail sales fell 2.2 per cent in September, in the eighth straight month of year-on-year decline, according to latest Department of Statistics figures on Tuesday.

Singapore and Hong Kong not a zero-sum game

SIGNS continue to mount that Singapore stands to be a beneficiary from Hong Kong's protracted woes, but such a narrow view obscures the likelihood that the Republic - and even the entire region -...

Singapore businesses far less upbeat compared with rest of Asean: survey

ASEAN businesses may be among the most bullish in the world, but Singapore companies are far less confident about their growth prospects in the coming year, striking a worrying note for Singapore'...